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Monika will borrow $300,000 from the bank as a mortgage on her new home. The posted rate is an APR of 4.8%, with semi-annual compounding,

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Monika will borrow $300,000 from the bank as a mortgage on her new home. The posted rate is an APR of 4.8%, with semi-annual compounding, and the term of the mortgage is 20 years. Her payments are monthly. What is the monthly interest rate? 0.3761%0.3961%0.4161%0.4361%

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